Finance Minister Nirmala Sitharaman Presents Growth-Oriented Budget

Finance Minister Nirmala Sitharaman delivered a growth-oriented Budget focusing on job creation while maintaining fiscal discipline. Industry leaders praised measures like the abolition of angel tax and job creation schemes. The Budget aims for sustainable and equitable growth, emphasizing MSMEs and infrastructure development, with a long-term vision for India’s economy.

Finance Minister Nirmala Sitharaman has presented a growth-oriented and inclusive Budget, focusing on the creation of jobs while maintaining fiscal discipline, according to India Inc on Tuesday.

Industry leaders reacted positively to measures announced in the maiden Budget of the Modi 3.0 government, describing it as people-centric and balancing equitable growth with fiscal sustainability.

Vedanta Ltd Chairman Anil Agarwal highlighted the timely focus on job creation through three innovative employment-linked schemes and the abolition of angel tax, which is expected to boost startups and young entrepreneurs significantly. The commitment to expedite IBC resolution is set to restart 12,000 businesses, creating numerous jobs. He also welcomed the announcement of the Critical Minerals Mission.